Tag: Labor and American Jobs

The tax cuts in the American Recovery and Reinvestment Act, signed into law by President Obama last February, gave 95% of American workers a tax cut, and encouraged new job-creating investments by businesses large and small. Many of these tax credits will… Continue

Along with today’s news that we gained 162,000 jobs in March — the largest job gain in a single month in the past three years — this week brought other good news that our economy is moving in the right direction. Consumer… Continue

This morning, the Department of Labor released the March jobs report showing job gains of 162,000 — the largest job gain in a single month in the past three years. Additionally, private employers added 123,000 jobs, the most since May 2007. Speaker… Continue

In a letter sent this morning to President Obama and Congress, 41 of the nation's leading economists — including three winners of the Nobel Prize — urge the swift passage of comprehensive health reform before Congress to slow ‘unsustainable’ health care spending:… Continue

Today, the Department of Labor released the February jobs report showing the unemployment rate remained unchanged at 9.7%. Job losses totaled a better than expected 36,000 — down from the 779,000 job losses in January 2009 — with the jobs losses in… Continue

Baltimore Sun — 4,700 Marylanders to Bunning: Thanks a lot, senator “The Senate failed to pass a short-term extension of unemployment compensation and a COBRA subsidy this past weekend, thanks to the action by a single Republican senator, Jim Bunning of Kentucky…. Continue

Last week, the House unanimously approved legislation to extend a range of emergency relief and job creating funding critical to millions of families that were set to expire on Sunday, February 28th including: Unemployment Insurance: Extends unemployment benefits, including the increased payouts… Continue

Today, the Department of Commerce reported economic growth of 5.9% for the last quarter of 2009 (up from its earlier estimate of 5.7%). This represents a large change in direction from when President Obama took office and the economy was shrinking by… Continue

One year ago, President Obama signed the American Recovery and Reinvestment Act into law to bring America's economy back from the brink by giving most Americans the fastest and one of the largest tax cuts in history, creating and saving jobs, and… Continue

On February 13th, 2009 Congress passed the American Recovery and Reinvestment Act and on February 17th, during the first month of his term, President Obama signed the bill into law. Today marks the one-year anniversary of the legislation to bring America's economy… Continue